1156 Glenmore Avenue, Brooklyn, NY 11208
Kings (Brooklyn) County
Key Facts
Description
Exceptional income-producing opportunity in Brooklyn! This legal brick three-family property combines strong cash flow, a versatile layout, and a convenient location, making it an excellent choice for both investors and owner-occupants. This three-story property features three spacious 3-bedroom apartments, along with a full finished basement that offers valuable bonus space. The apartments have been updated, and the property features new electrical upgrades, providing modern improvements already in place. Currently generating gross rental income of $141,552 per year, this property presents an outstanding investment opportunity. Tenants pay their own electric and cooking gas. Conveniently located near the Grant Avenue A train station, as well as the Q8 and Q112 bus lines, commuting throughout Brooklyn, Queens, and Manhattan is simple. Enjoy close proximity to parks, shopping, supermarkets, restaurants, schools, and everyday conveniences. Whether you’re looking to expand your investment portfolio or occupy one unit while generating rental income, this versatile Brooklyn property offers an exceptional opportunity.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1901
Living Area
3,120 sq ft
Lot Size
0.04 acres
Lot Dimensions
20' X 80'
Days on Market
1
MLS® Listing#
1027310
Property Features
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Ps 214 Michael Friedsam
- Middle:
- Jhs 218 James P Sinnott
- High:
- Transit Tech Career And Tech Edu
Financial Details
Annual Taxes
$5,498
Assessed Value
$72,000
Parcel Number
04222-0016
Directions
Sheridan Ave to Glenmore Avenue
Affordability Calculator
$249,400
Estimated monthly payment
$6,637/mo
Principal $997,600 · Est. interest $1,391,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $985,266
- Median Listing Price
- 84
- Median Days on Market
- 1,620
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,897
- Active Listings
- This home’s price is 27% above the area median.
- Its price per sq ft is 30% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
Points of Interest in Brooklyn, NY
Showing the Brooklyn area map.
Nearby Schools
P.S. 214
Elementary · 0.2 mi away
PS 159 Isaac Pitkin
Elementary · 0.2 mi away
Cypress Hills Ascend Lower School
Elementary · 0.3 mi away
Urban Strategies
School · 0.3 mi away
Al Fawz Islamic School of America
School · 0.4 mi away
TRANSIT Tech High School
Secondary · 0.5 mi away
Brooklyn Scholars Charter School
Elementary · 0.6 mi away
PS 64 Joseph P Addabbo
Elementary · 0.6 mi away
P. S. 938
Elementary · 0.6 mi away
M. S. 935
Secondary · 0.6 mi away
Intermediate School 171
Secondary · 0.6 mi away
Highland Park Community School
Secondary · 0.6 mi away
JHS 218 James P Sinnott
Secondary · 0.6 mi away
School for Classics High School
Secondary · 0.6 mi away
L & M Bus
School · 0.7 mi away
Our World Neighborhood Charter School 2
Elementary · 0.7 mi away
Achievement First East New York Middle School
Secondary · 0.7 mi away
P. S 345 Patrolman Robert Bolden
Elementary · 0.7 mi away
St. Elizabeth R. C. Church
School · 0.7 mi away
St. Elizabeth Catholic Academy
Secondary · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 688 Rogers Avenue, Brooklyn, NY | $885,000 | 9 | — | 4,560 |
| 1361 E 99th Street, Brooklyn, NY | $899,999 | 9 | 3 | 1,500 |
| 1646 Dekalb Avenue, Brooklyn, NY | $899,999 | 12 | — | 4,725 |
| 655 Hendrix Street, Brooklyn, NY | $949,000 | 8 | 3 | 2,760 |
| 41 Nichols Avenue, Brooklyn, NY | $949,999 | 8 | 4 | 2,096 |
| 761 Miller Avenue, Brooklyn, NY | $950,000 | 12 | — | 4,800 |
Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: NY Superior Realty - 7182057770
Presented by: Nora E. Avalos
Fair Housing Notice